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Olive Resource Capital Reports Record Third Quarter Investment Performance of 61.8% and Net Income of $5.2 Million
Newsfile· 2025-12-01 12:00
Core Insights - Olive Resource Capital Inc. reported a record third-quarter investment performance of 61.8% and a net income of $5.2 million for the three months ended September 30, 2025 [1][4] - The company's investment portfolio is valued at $14.35 million as of September 30, 2025, reflecting significant growth from previous periods [4][5] - The net asset value (NAV) per share increased to $0.128, marking a year-to-date increase of 113.5% [4][13] Financial Performance - For Q3 2025, Olive reported a net income of $5,170,183, equating to $0.05 per share, compared to a net loss of $147,715 for the same period in 2024 [4][9] - The total income for the nine months ended September 30, 2025, was $7,205,626, with a basic and diluted income per share of $0.07 [4][10] - The increase in income of $7,353,341 is attributed to higher unrealized and realized gains on investments compared to the same period last year [10] Investment Portfolio - The portfolio includes significant investments in various sectors, with notable increases in the value of Omai Gold Mines Corp. and Sterling Metals Corp. [3][4] - The total value of the investment portfolio has grown from $6.42 million at the end of 2024 to $14.35 million by September 30, 2025 [5][7] - The company holds 1,000,000 common shares in treasury pending cancellation, with a total of 106,144,709 common shares outstanding [8] Market Positioning - The company’s president highlighted that Olive's portfolio is well-positioned to benefit from ongoing market trends, including resource underinvestment and monetary debasement [3] - The strong performance is expected to continue as the company capitalizes on the inability of existing assets to meet demand growth forecasts [3]
ThreeD Capital Inc. Releases Results For the Three and Nine Months Ended March 31, 2025
Globenewswire· 2025-05-29 20:54
Core Insights - ThreeD Capital Inc. reported its unaudited financial results for the three and nine months ended March 31, 2025, highlighting a focus on opportunistic investments in junior resources and disruptive technologies sectors [1][6] - The company experienced a decline in net asset value per share, dropping to $0.53 from $0.86 as of June 30, 2024 [2] Financial Highlights - As of March 31, 2025, the company had cash, investments, and digital assets totaling $37.4 million [1] - For the three months ended March 31, 2025, net investment and digital assets losses were reported at $(5,463,310), compared to gains of $4,486,530 in the same period of 2024 [2] - Operating, general, and administrative expenses for the nine months ended March 31, 2025, were $(2,812,064), an increase from $(2,581,273) in the previous year [2] - Total comprehensive loss for the period was $(5,463,838) for the three months ended March 31, 2025, compared to a gain of $3,708,589 in the same period of 2024 [2] Consolidated Financial Position - Total assets as of March 31, 2025, were $41,016,482, down from $56,174,715 as of June 30, 2024 [3] - Total liabilities decreased significantly to $633,307 from $11,455,313 [3] - The company reported a deficit of $(116,507,660) as of March 31, 2025, compared to $(107,729,192) as of June 30, 2024 [3] Management Commentary - The Chairman and CEO noted that despite the losses, the company's portfolio remains fundamentally strong, with key investments in micropayments, artificial intelligence, and digital assets achieving significant milestones [3]